The price per gallon for gasoline is at the second-lowest level in five years, and some economists predict it could drop much further soon. The reason: More-than-ample inventories of crude oil and refined petroleum products.
Wall Street to Obama:
The Love Affair Is Over
Corporate profits are booming again, but President Obama's popularity is sinking fast, even among his former supporters on Wall Street and in big business. As the crucial fall elections loom, the shift in sentiment could have an impact on the markets.
Continue Reading | CommentsMarket Update:
Stocks fluctuate after jobs, housing reports
Columns
Why Gas Prices Are Falling in Time for Labor Day
6:31 AM 09/02/10
Pending Home Sales Increased in July
11:20 AM 09/02/10
U.S. pending home sales unexpectedly rose 5.2% in July -- a rise that may be a sign of housing sector stabilization, or it may merely reflect an elongated impact of the home buyer tax credit, due to an extended closing deadline.
Getting Smarter, Retailers Beat Expectations
11:07 AM 09/02/10
Despite heat waves, penny-pinching parents and a weak job market, stores posted generally solid sales in August. They benefited from a sharper focus on inventory control, giving locals stores more say in merchandising and by using well-timed promotions.
A Small Step Forward for Initial Jobless Claims
9:30 AM 09/02/10
With the latest weekly initial jobless claims declining 6,000 to 472,000, the U.S. labor market has eked out some modest improvement. Still, jobless claims need to drop below 400,000 during the next two quarters to show broad economic gains.
Hedge Your Risk With Mixed-Asset Mutual Funds
10:24 AM 09/02/10
Stocks are underperforming so far in 2010, and Treasury bond yields are low, too. So how can you get good returns without excessive volatility? Standard & Poor's Equity Research suggests mixed-asset mutual funds, which capture the strengths of both stocks and bonds.
DailyFinance Wire
- Second Oil Rig Explosion Reenergizes Debate on Offshore Drilling Ban
- Wall Street to Obama: The Love Affair Is Over
- Family Health Care Costs Will Jump 14% in 2010
- Unusual Financing Plan Keeps Denver Airport Rail Link on Track
- The Food Emporium Could Be Up for Sale
- Oil Rig Explodes in the Gulf of Mexico
- Factory Orders Rose in July, but Not as Much as Expected
- July Pending Home Sales Increased as Closing Deadline Extended
- Hewlett-Packard Outbids Dell for 3Par
- Google and AOL Expand Search and Advertising Partnership
- August Retail Sales Beat Expectations as Stores Get Smarter
- Burger King Agrees to Be Bought by 3G Capital for $24 a Share
- Mixed-Asset Mutual Funds Offer the Best of Both Stocks and Bonds
- A Small Step Forward for Initial Jobless Claims
- Kelley Blue Book Eyes Possible Sale
- Burger King Shares Spike on Buyout Rumors
- Orexigen Shares Soar on Partnership Deal With Takeda
- Delta Air Lines to Cut Jobs, Planes at Regional Subsidiary
- Two Lehman Brothers Units Need Help to Avoid Failing
- Daily Blogwatch: My Four-Step Plan to Save the World
- Avis Raises Bid for Dollar Thrifty, Attacks Hertz
- BP Tripled Advertising Spending in Weeks Following Oil Spill
- Xerox Doubling Advertising Spending to Promote Business Services
- Ferrari Recalling More Than 1,000 Supercars After Reports of Fire
- GM IPO Roadshow May Begin Immediately After Midterm Elections
Newswire
- Temporary cap that stopped oil gusher removed
- No sign of oil spill after Gulf platform fire
- Dell cedes data-storage maker 3Par to HP
- Burger King sets sights overseas after $3.26B sale
- Discounts spur surprising Aug. retail sales gains
- Stocks move higher following jobs, housing reports
- Earl threatens East Coast with a pounding
- Data shows jobless claims drop, retail sales rise
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| Symbol | Last | Change / % | Volume |
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Most Actives
| 3.88 | +0.03 +0.84% | 473.40M | |
| 109.47 | +1.01 +0.93% | 155.92M | |
| 13.28 | +0.07 +0.55% | 154.64M | |
| 23.59 | +4.73 +25.08% | 89.98M |
% Gainers
| 20.00 | +4.60 +29.87% | 300.00 | |
| 23.59 | +4.73 +25.08% | 89.98M | |
| 12.20 | +1.94 +18.91% | 1.08M | |
| 17.80 | +2.79 +18.59% | 3.21M |